The President of the United Republic of Tanzania, Samia Suluhu Hassan has instituted the Mwanza Precious Metal Refinery (MMPR) gold refinery worth US $5.2m. In attendance at the launch ceremony...
The government of Uganda through the Ministry of Energy and Mineral Development has approved the Resettlement Action Plan (RAP) for the East African Crude Oil Pipeline (EACOP) project. This approval...
Katoro Gold has resolved to halt its operations on joint venture gold dams in response to the outbreak of COVID-19 (Coronavirus) pandemic. According to the Executive Chairman, Louis Coetzee, in...
By The Citizen Reporter Dar es Salaam — The government has dismissed claims it may end up using taxpayers' money to compensate a Norwegian firm, Jacobsen Elektro AS, that abandoned...
Tanzanian Gold Corporation is set to start processing its enormous gold reserves at Buckreef Mine; an exercise that will see Tanzania earn US $1.4bn from the proceeds. According to the...
The agreement between Barrick and Tanzania is expected to deliver a significant, overall increase in the actual share of government's proceeds from the company's investments in the country. By Dastan...
Dar es Salaam — A cloud of uncertainty surrounds the apparent frame work agreement between the government and mining giant, Barrick Corporation, nearly three months after it was made public....
Barrick Gold gained control of Acacia’s portfolio in September and has been working to reopen the North Mara project since, with a special emphasis on restoring social license. By Georgia Williams...
For many developing countries, industrial mining is a key source of foreign direct investment, export earnings, technology transfer and infrastructure development. Yet, in numerous cases, mining has not only failed...
"Acacia has yet to communicate to DSE about their intentions to de-list its securities at the DSE as required by the rules." By Frank Kimboy The Fair Competition Commission (FCC)...